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Wednesday, December 21, 2011

Last week's Haynesville Shale rig count showed a three rig decline to 90. Louisiana was down two to 58, while Texas was down one to 32. The current rig count is only 49% of the peak reached in July 2010.

In terms of trends, Panola Co has shot to second place in Texas with seven rigs, its highest total since August 2010 (back when seven working rigs was only good enough for fourth place in Texas). On the downside, Shelby Co. is down to three rigs from a high of 20 in May 2010. In Louisiana, DeSoto and Red River Parishes (43 rigs combined) represent 74% of all working Haynesville rigs in Louisiana, the highest this percentage has been since I first started compiling the rig count in January 2010.

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It's Been a Gas...

As of 12/31/15, I have stopped updating the Haynesville Play site on a regular basis. I will occasionally post items I find interesting, but I will no longer maintain the data or keep the news current. The site will remain up as an historical archive and a home for occasional musings.

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About Me

My goal is to compile a real-time historical record of the development of the Haynesville Shale.
There is so much going on at any one time that impacts the Haynesville Shale. I weed through the information and summarize the important points.
I look at the micro-trends, such as drilling results and drilling rig activities, focusing on the who, what and where. I also concentrate on the macro-trends that will impact the future of the Haynesville Shale, including the supply/demand issues, the market for natural gas and trends that impact the gas industry as a whole.